As a big G.Axe fan, I picked this up, I overpayed for it, but I picked it up. I paid 800k. I guess that's the general market value of it right now. I've seen it for less, I've seen it more. I'm content with my 800k purchase.
Anyway. Latent test. Ugh. This has not been a fun one to test. I can confirm it is NOT active during weapon skill. As a naked 75WAR/SAM, killing level 0 mobs, the same level 0 mobs, alternating between +8 Str and +0 Str, the weapon skills with +8 Str were noticably higher than the ones with +0. If the latent were active during weapon skills, the damage would be consistent. I kept doing this until a pattern emerged, then I kept going some more just to be sure. With +0 Str, the average weapon skill was 597. With +8 Str, the average WS was 636. Busted. I also heard that it's only active when you were in a party, so I made one of my buddies fish while I wailed on level 0 mobs.
Things I've busted: HP% TP% MP% Subjob Divine Seal (DRGs suggest some stupid latent breakers, man) Combat conditions, such as Dynamis, Campaign, Besieged, Assault, or Burning Circles. As far as I can tell, it's not relative to moon phase. Not active while in party. Not active during weapon skill. Being in a party with everyone the same race (explanation below)
And I would like to thank the many generous Elvaans in Whitegate, on Ramuh, who let me invite them all to test my theory that a party full of everyone the same race will activate the latent. The Marvel character Foolkiller is a white supremacist, so I thought maybe if everyone was the same race...was a crazy idea, but I'm willing to test everything! Didn't work though, shucks.
Have not had a chance to kill Guflurlfurlulruflruflru the Menacing yet, so I can't confirm or deny that it's active when you have that title.
If anyone has any suggestions, feel free to post them, and I'll test them.
Edited, Dec 13th 2008 7:16pm by CommodoreSixtyFour
Dropped from Sarameya in Mount Z. Spawned by trading a Buffalo Corpse to a ??? at (I-12) at Mount Zhayolm. And I can't find anything on how latent is broken.